A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
One funny thing about people is that while we are almost always well intentioned, we seem to do a lot of things that are just plain crazy. I, for example, still prefer to eat my oranges by dissecting each into their i...
American homeowners could see a significant drop in the cost of selling their homes after a real estate trade group agreed to a landmark deal that will eliminate a bedrock of the industry, the 6 percent sales commissi...
I'll try to make this short.Last month, I called an agent who runs a property management company. I offered to buy one of the houses he manages. Had to explain to him a couple of times what I was trying to do. Anywa...
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Hello fellow investors! I began a post a few months ago in regards to a new construction project I will be starting soon and after all the great input I thought it would be nice to start a journal in order to help ne...
I get asked about the BRRRR strategy all of the time and honestly don’t know if anyone that’s done it in my market where the property cash flows afterwards. It sounds great. Keep using the same money over and over. It...
I want to build a real estate investing business. I want to buy and hold, I want to rent I want to do BRRRR’s and I feel like High School is holding me back. I also want to get a job working with GC starting out as a ...
I googled the unemployment history of US, and here is the chart... Out of the past 65 years, maybe 10 saw unemployment at around 4%....All other 55 years were higher.... If you are buying RE in today's enviroment when...